Common use of Letter of Credit Security Deposit Clause in Contracts

Letter of Credit Security Deposit. Within ten (10) business days after the date of this Lease but in any event prior to occupancy of any portion of the Premises, Tenant shall pay to Landlord as a security deposit for the performance of the obligations of Tenant hereunder (i) the amount of $4,500,000.00 (the "Initial Letter of Credit Security Deposit") in the form of a letter of credit in accordance with the provisions of this Section 8.18 and (ii) the amount of $4,000,000.00 (the "Additional Letter of Credit Security Deposit") in the form of a letter of credit in accordance with the provisions of this Section 8.18.

Letter of Credit Security Deposit. Within ten (10) business days after the date of this Lease but in any event prior to occupancy of any portion of the Premises, Tenant shall pay to Landlord as a security deposit for the performance of the obligations of Tenant hereunder (i) the amount of $4,500,000.00 3,000,000.00 (the "Initial Letter of Credit Security Deposit") in the form of a letter of credit in accordance with the provisions of this Section 8.18 and (ii) the amount of $4,000,000.00 (the "Additional Letter of Credit Security Deposit") in the form of a letter of credit in accordance with the provisions of this Section 8.18.

Letter of Credit Security Deposit. Within ten (10) business days after the date of this Lease but in any event prior to occupancy of any portion of the Premises, Tenant shall pay to Landlord as a security deposit for the performance of the obligations of Tenant hereunder (i) the amount of $4,500,000.00 3,000,000.00 (the "“Initial Letter of Credit Security Deposit") in the form of a letter of credit in accordance with the provisions of this Section 8.18 and (ii) the amount of $4,000,000.00 (the "Additional Letter of Credit Security Deposit"”) in the form of a letter of credit in accordance with the provisions of this Section 8.18.